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Used to Big Brother, Chinese learn value of privacy

  China’s Communist government has never shown much concern for the privacy of Chinese citizens. If you have something to hide, the thinking goes, we probably need to know it. In one form or another, surveillance and monitoring have evolved into a well-honed form of social control. And as a result, neither companies nor consumers have traditionally had very high ...

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Google overhauls policies after uproar over YouTube videos

  Bloomberg Google is giving marketers more control over their online ads after a slew of brands halted spending in the UK over concerns about offensive content. The Alphabet Inc. unit also expanded its definition of hate speech under its advertising policy to include vulnerable groups, which includes those discriminated against because of their identify, socioeconomic class or country of ...

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Google launches Wi-Fi on wheels for students

  Bloomberg Eighth-grader Lakaysha Governor spends two hours on the bus getting back and forth to school each day. Thanks to a grant from Google, she can now use that time more productively and get her homework done. The aspiring forensic anthropologist is one of nearly 2,000 students in South Carolina’s rural Berkeley County who will ride to school on ...

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SoftBank invests in WeWork at $17bn valuation

  Bloomberg SoftBank Group Corp. invested $300 million in WeWork Cos., a person familiar with the matter said, an influx of cash that values the New York-based coworking giant at more than $17 billion. The investment from SoftBank is the first in what will probably be a much larger stake, said the person, who asked not to be identified . ...

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ARM unveils new chip design targeted at self-driving cars, AI

  Bloomberg ARM, the UK-based semiconductor design firm, introduced a new chip targeted at markets ranging from self-driving cars to artificial intelligence. The new design, DynamIQ, is an update to ARM’s existing Cortex-A offering. The latter made up almost 20 percent of all ARM-based chips in the first three quarters of 2016, according to the company’s last available regulatory filing. ...

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Energy investments in MENA to hit $1trn

  ABU DHABI / WAM Total energy investments in the Middle East and North Africa could approach the US$1 trillion mark over the course of five years, according to the latest edition of the MENA Energy Investments Outlook published by the Arab Petroleum Investments Corporation (APICORP). This is in spite of uncertainties that have been clouding the regional outlook. While ...

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Aldar to invest AED1.9bn on Yas and Reem projects

  ABU DHABI / Emirates Business Aldar Properties PJSC (“the Company”), Abu Dhabi’s leading listed property development, investment and management company, announced details of its current investment programme. This programme will expand Aldar’s asset management portfolio, driving growth of recurring revenue. The investments announced comprise mid-market residential, hospitality & leisure, and retail assets on Yas Island and Reem Island. They amount ...

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UAE theme park revenue to jump 78% to $837mn

  DUBAI / Emirates Business UAE will play a pivotal role in the global billion dollar theme park and amusement industry as per International Expo Consults, the organisers of the DEAL 2017 show. UAE is set to trigger the theme park revenue growth as it is set to increase by 78 per cent to US$837 million by 2019 as per ...

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India-UAE meet pitches for greater trade, investment relations

  DUBAI / WAM Under the patronage, and in the presence of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, the 2nd Annual All India Management Association (AIMA), India-UAE Conference was held on Monday in Dubai. The event was organised under the theme, “Resetting Globalisation: Collaborating in a Fast Changing World”. Sunil Kant Munjal, President of ...

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CABSAT 2017 to host 900 brands, companies

  Dubai / WAM More than 900 brands and companies are participating in the 23rd edition of the Middle East and Africa’s largest broadcast digital media and satellite expo, CABSAT 2017, which opens on Tuesday at Dubai World Trade Centre (DWTC). In addition to scores of new-to-the-show broadcast and production companies, content studios and distributors, telecommunication companies, cable TV and satellite ...

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